News Archive » February 2009

GME4 attracting foreign investors

Industry News 2009-02-23 19:59:53

 "Brazilian mining exploration company Global Mining Exploration, or GME4, is attracting foreign investor interest in a proposed sale of 80% of its PI4 iron ore mine project ", a company… Read more »

Mining sector has to buckle down: panel

Industry News 2009-02-22 16:44:58

"The politically-patronaged mining sector will have to mend its ways, if the State Government seriously considers the recommendation of the high level committee which went into mining operations in the… Read more »

Forest dept submits reports on illegal mining to govt

Industry News 2009-02-20 22:09:30

Illegal Mining in State The high-level committee has found no mining activity in wildlife sanctuaries Action has been recommended in cases where illegal mining is undertaken Environmentalists claim that illegal… Read more »

Business Line : Interview with Chairman - Fomento Resources

Alliance News, Industry News 2009-02-11 08:47:11

INTERVIEW V.K. Varadarajan Bangalore, Oct.7   Mining industry in Goa has been facing a welter of protests and agitations by environmental activists raising spectre of uncertainty over its long-term viability. Added… Read more »

FIMI : Iron ore royalties to be linked to price

Industry News 2009-02-10 10:40:54

"The Central government plans to link royalties on iron ore to market prices rather than a fixed rate", Mines Minister B K Handique said on Monday. The move may increase… Read more »